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ARTICLE · 13 JULY 2010

A Cleaner Decade: Asia Pacific Renewable Energy Reference Manual

The Asia Pacific region is an increasingly important market for renewable energy. Over the next decade, the manufacturing of products and equipment for the industry will increasingly shift to Asia. As a result, there will be considerable scope for investment in the renewable energy sector throughout the region.

AustraliaEnergy and Natural Resources

Renewable energy has moved to the forefront of the political arena globally. Clean energy is now viewed as critical to the economic future of major economies.

President Obama has recently called for the USA to take the lead in the clean energy industry. In Australia we have seen a change in leadership which many commentators attribute directly to climate change and energy issues. The Australian government has left the door open for a change in the direction of its policies for the sector as it heads to the next election. Significantly for the Australian energy market, recent amendments to the Renewable Energy Target scheme are expected to create greater business certainty for investment in large-scale renewables projects.

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